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Dubai: Chiller-free rental options are at the top of the mind of UAE tenants seeking a new home to move into. If the deal can be struck without having to pay a broker commission, then all the better. At least, that’s what on their minds going by the search history. “With the tremendous amount of stock in the market, there are a number of agencies that are working with developers providing consumers with no commission structures and lucrative deals so they can attract more renters,” said Lynnette Abad, Director of Research & Data at Property Finder. These days, there are more landlords t...

Revealed: Popular areas for rental demand in UAE Web report/Dubai File photo Report states more people now opting for less number of cheques. Dubai Marina, Al Majaz in Sharjah and Al Reem Island were the top areas for rental demand in the UAE during the first quarter of 2021, said a new report. These figures were released by Property Finder on Wednesday based on the number of searches on its portal during Q1 . The report stated that more people are now opting for less number of cheques than previous years as landlords prefer to negotiate on prices rather than number of cheques.

Dubai: UAE’s off-plan properties are seeing high demand from individual investors, who are selling these units even before completion, according to a Property Finder report. “Over the years, investors have increasingly chosen to ‘flip’ their properties and participate in secondary off-plan sales where they sell their unit while it is still under construction,” said Property Finder. During May 2020, in the midst of lockdown, the secondary, ready market slumped considerably. This was the only month in which developers sold about three times more ready properties than individual invest...

Waheed Abbas/Dubai January 2021 saw a record purchase of villas and townhouses in the city. It’s time to buy villas and townhouses in Dubai. And expats are buying in droves. In order to cash in on the lower prices, expats and Emiratis are buying villas and townhouses in the emirate, especially in the secondary market with smaller ticket properties of up to Dh2 million in high demand. Industry analysts say that expats who have been here in Dubai for over three years and saw the prices declining but missed opportunities are now ready to purchase. Expats are buying smaller units as safe invest...

Dubai's residential sales hit new high in February DUBAI, 25 days ago February witnessed the highest number of secondary/ready properties (3,814) transacted across Dubai in a single month over the last seven years with deals surging to AED7.43 billion ($2.02 billion), according to UAE-based real estate portal Property Finder.   This was up 15.6 per cent over January in terms of volume and 10.2 per cent more in terms of value, stated the report. This took the year-to-date total to 7,109 transactions worth AED14.16 billion, it added.   In February, 68 per cent of all transactions were f...